CBD Denver Inc (CBDD)

[PRmaniac]

VMGI not even a real business anymore and the CEO has gone into hiding, refusing to update investors on why he gave himself and a cronie preferred shares worth (on as-converted basis) more than 2X the current market cap. They fleeced the investors and most don't even know that the CEO did this.

He is also associated with disgraced and SEC-charged former CEO of HRNF, who looted the company and directed the T/A to let him illegally dump billions of shares for cash.

These VMGI preferred shares each convert to 1,500 shares, and would result in over 8 billion more shares being added to the already bloated share pool.